United Kingdom GBP

United Kingdom M4 Money Supply MoM

Impact:
Low
Source: Bank of England

Latest Release:

Date:
Surprise:
0.1%
Actual:
0.3%
Forecast: 0.2%
Previous/Revision:
0.2%
Period: Mar

Next Release:

Date:
Forecast: 0.2%
Period: Apr
What Does It Measure?
The M4 Money Supply MoM in the United Kingdom measures the total amount of money in circulation, including cash and deposits held by the public, adjusted on a month-over-month basis. It primarily focuses on assessing liquidity in the economy, which influences spending, investment, and overall economic activity.
Frequency
The M4 Money Supply MoM is released on a monthly basis, typically published around the end of the month or the beginning of the following month, and comprises preliminary estimates that may be revised in subsequent reports.
Why Do Traders Care?
Traders closely monitor the M4 Money Supply MoM as it serves as a key indicator of changes in liquidity and spending power, which can impact the inflation rate and overall economic momentum. A significant increase in this measure could be bullish for equities but may raise concerns about inflation, affecting currency values like the GBP.
What Is It Derived From?
The M4 Money Supply is derived from various components, including notes and coins in circulation, deposits held by banks, and other non-bank financial institutions. Data is collected through surveys of banks and financial institutions, applying methodologies that ensure comprehensive coverage of monetary assets.
Description
The M4 Money Supply MoM is calculated by comparing the current month's money supply levels to the previous month, thus reflecting short-term changes in economic activity and liquidity. This month-over-month comparison is useful for identifying sudden shifts that can impact consumer behavior and monetary policy decisions.
Additional Notes
The M4 Money Supply serves as a coincident economic indicator, reflecting current economic conditions and trends in the financial landscape. Its variations may also be compared against other measures of money supply, such as M1 and M2, providing insight into the overall health of the UK economy.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for GBP, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.3%
0.2%
0.2%
0.1%
0.2%
1.1%
1.4%
-0.9%
1.3%
0.2%
0.2%
1.1%
0.1%
0.2%
0%
-0.1%
0%
0.1%
-0.2%
-0.1%
-0.1%
0.4%
0.5%
-0.5%
0.6%
0.1%
-0.1%
0.5%
-0.1%
0.2%
0.3%
-0.3%
0.3%
0.5%
0.5%
-0.2%
0.5%
0.2%
-0.1%
0.3%
-0.1%
0.2%
0.1%
-0.3%
0.1%
0.4%
0.7%
-0.3%
0.7%
0.4%
0.6%
0.3%
0.5%
0.2%
0%
0.3%
-0.1%
0.3%
0.5%
-0.4%
0.5%
0.2%
-0.1%
0.3%
-0.1%
0.1%
0.3%
-0.2%
0.3%
-0.2%
-1.1%
0.5%
-1.1%
0.1%
0.2%
-1.2%
0.2%
0.2%
-0.6%
-0.5%
-0.1%
-0.1%
-0.4%
-0.1%
0.3%